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20110307
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ABC
Mar 7, 2011 3:00am EST
. so, is it the right time to tap the reserve? >> it's a good idea to signal the readiness to use it but the condition for using it are not there yet. >> reporter: but with the economy just starting to rebound, and then drivers, also known as voters, complaining about gas prices, there may be plenty of political pressure. >> so, are we using this now as a political football in essence? >> it always has been. it was from the start. >> reporter: he studied president clinton's release of some of the reserve back in 200 shortly before election and concluded politics drove the decision and there was no conclusion the release lowered gas prices. president obama could receive similar criticism if he opens the relief now. >> this decision, i think, would have a bad odor to it. so, he's probably weighing whether the politics will go north or south and we'll see. >> reporter: as a candidate, mr. obama was not opposed to a release from the oil reserve back in 2008. now he's considering a move, that certainly didn't seem to be the reserve two weeks ago when he said, we'll be able to ride out the
ABC
Mar 7, 2011 6:30pm EST
find the best deal, steve joins us from atlanta. steve, good evening. >> reporter: good evening, diane. we did a little comparison shopping today and at current prices, two gallons of gas is roughly the same cost as this t-bone, the gas it takes to get you to the steak house is now more than the beef. outside chicago, autumn says it's unreal. in the past two weeks she's watched gas jump up 45 cents a gallon and she nearly fell over when it cost her $64 to fill up. today we went with her as she and her children made all of their trips in one drive spending as little time on the road as possible. >> i was really shocked when it didn't stop till 68.04. >> reporter: outside atlanta when they do go shopping mark and lisa mcintire told us they buy much more in bulk and drive to the store slowly to help save on gas. >> you got to drive a little slower sometimes too. >> reporter: really? >> of course. you save. >> reporter: you do this? >> yeah, i do. >> reporter: the average cost is 3.52. just 2.35 of that buys the oil and 35 cents to refining it. 31 cents pays for distribution and mar
ABC
Mar 6, 2011 11:00pm EST
, rushing water. this is certainly not a saint any of us would like to see on march 6, flowing snow, accumulating in western maryland and western virginia. a photographer captured these pictures. at this point, there are no reports of snow in the immediate metro area. we begin with a live look at the radar. >> it was a double punch. first, we have the heavy rain. now some of the region is looking at heavy snow. we have a winter weather in visor. over 3 inches in ashbury. there were almost 2 inches in bethesda and about an inch and a half upper in -- in upper northwest d.c. look to the left hand side of your screen martinsburg is looking at light snow at this hour. they are in a winter weather advisory that is in effect until 2:00 a.m. we're looking at temperatures that continue to fall into the 30's. in the next 48 hours, our skies will begin to clear. but something else is growing out to the west. that will impact our weather for the end of the upcoming work and school week. for my full -- stay tuned for mindful forecast coming up. >>>>> heavy rains created a nightmare for drivers.
ABC
Mar 7, 2011 4:30am EST
. >> vincent gray says that's not true and that brown demanded a job and used embarrassing tactics, says gray. >> shouldn't the red flags gone up that maybe this is not someone you want to hire? >> at the time, no. yes, now. >> that is not what we expect from our politicians. >> it should concern every american citizen. we don't do that. >> it is ridiculous. >> one question that came up a lot during a press briefing, is it the right place to have the mayor appointed attorney general and d.c. council be the ones that handle this investigation or would it make more sense to bring in someone from the outside? the mayor says that he welcomes anyone who wants to look into this. reporting from northwest washington, abc 7 news. >>> the free ride on the intercounty connector era is over. drivers riding on the icc will have to start paying the tolls this morning. a first section of the road opened between 370 and georgia avenue two weeks ago. now you have to pay between 60 cents and $1.45 depending on the time of day. >>> barbee says goodbye to all fans in shanghai. americans continue grapp
ABC
Mar 7, 2011 5:00am EST
. this force is also used warplanes to attack the rebels. government forces say that they captured several key cities. >>> gas prices have gone up so much so fast that they are hovering around $4 a gallon. can the president helped? -- help? pamela schmidt is joining us from northwest washington. >> good morning. nice to talk with you this monday morning. it feels like memorial day when it comes to gas prices. that's because prices have gone up so high, so fast, faster than almost any time in history. the administration is considering tapping into the 727 million barrel u.s. strategic oil reserve. emergency reserve. it is rare for a president to open up that option year the nationwide average right now is $3.51 a gallon. a new survey says that is up 33 cents in two weeks, the second biggest price increase on record. prices spiked along with the middle east uprisings. are no shortages so far. there are just worries that the protests could produce a larger oil-producing nations like saudi arabia. consumers are faced with getting last at the pump or paying more. but some analysts say t
ABC
Mar 6, 2011 11:35pm EST
has been done in very rare occasions. >> most of us have been unable to ignore the surge in gas prices. the current national average for a gallon of gas is $3.50 per gallon. that is up 33 cents in just the past month. it is up 75 cents from a year ago. we heard william daley talk about the strategic oil reserve. can this be a substitute to? >> there are 327 million barrels, approximately that is good for what they say will be a couple of months of energy consumption for the united states. but i do not know if this will actually be a move they will make. it is a very rare thing that they do. it happens when different gulfcoast states are hit by hurricanes or when we were involved in kuwait in 1991 and 1992. the administration would be making a huge statement if they move to do it appeared >> it is a last resort for us. but the gas prices continued to rise and the obama administration is looking for other ways to respond. what other options can we see? >> the national average of a gallon of gas is $3.51 per barrel, which is something the administration is monitoring closely. but i
ABC
Mar 7, 2011 5:00pm EST
us that the man brandished a gun at several people, including a teenager. >> threatening a kid with a gun, that is wrong. if you want to go out and kill yourself, go out and kill yourself. but the other people alone. >> dorthy had pulled up just moments before he pulled the gun. >> investigators say the man brandished his gun at the first officers on the scene and four of them took aim and fired. >> he was just up and down the street with a gun. >> we see some detectives coming up the street. ray leonard wrote. again, a very active crime scene. none of the people who called 911 say they recognize the man who was brandishing the handgun. also, they do not know whether he lived in this particular neighborhood. the investigation continues. at last report the man was still in critical condition. >>> a d.c. police officer is in trouble with the law. he is accused of breaking into a home over the weekend. brean burglarized a home on colorado northwest and that she was leaving, officers moved in and arrested her. she has been placed on administrative leave with pay until the investigation
ABC
Mar 7, 2011 12:00pm EST
is something that has only been done in very rare occasions. >> is this the right time to use it? >> it is a good idea to signal a readiness to use it, but the conditions for using it are not there yet. nelson valdez knows he picked a heck of a time to start his own career. >> the last time the oil reserves were back in 2005 during hurricane katrina, it only brought down gas prices about 3%, not considered enough to make a real difference. >> now, a traffic alert for drivers on at 295. crews will close the interstate one direction at a time. it will span from pennsylvania avenue to the 11th street bridge from 10:00 p.m. until 5:00 tonight through thursday. traffic will be stopped up to 40 minutes at a time. >>> still to come here on abc7 news at noon, vanishing overseas. a family's frantic hunt for a college student who disappeared in spain. >>> tragedy on the porch. -- court. the growing controversy -- could these deaths have been prevented? >>> the nation on storm watch. from tornados to wipe out. >>> the nation on storm watch. from tornados to wipe out. th way, everyone will k
ABC
Mar 7, 2011 7:00am EST
morning commute as the white house weighs use emergency reserves for the first time in almost 40 years. >>> wild weather. twisters tearing up part of the south. heavy rain washes out the east. a 3-month-old baby rescued from rising waters. >>> lindsay lohan in that jewelry store where she's accused of taking a necklace. >>> and you're angry but what if you heard this over the p.a. system? ♪ oh girls they want to have fun ♪ >>> and good morning, america. hopefully, everybody had a great weekend. i know there was some bad weather, maybe you got stuck at the airport. but did you have cyndi lauper at your airport serenading you? >> i think that would put me in a good mood, only if it was followed by ♪ and your plane is leaving right now ♪ >> exactly. >> we have a lot to get to this morning. big day for the president. first cattle call in iowa. five going to take the stage tonight. the first caucus is less than a yearway. who is not jumping in? sarah palin actually weighing in on an interview as she's on her way to india. all of that ahead. >>> also, george, more controversy brewing
ABC
Mar 7, 2011 4:00am EST
morning, everyone. thanks for being with us today. it's the recent surge in gas price. this morning, the president is considering drastic measures to turn it around. >> here's why. according to one survey, the average price for a gallon of gas is $3.47. 7 cents higher than last year this time. >> emily schmidt has details. >> reporter: good morning to you. the calendar says march, but it might as well be memorial day when it comes to gas prices. they are going up higher and faster than anytime in history. and now, some are asking the president, what are you going to do about it. with gas prices skyrocketing, americans are reaching their limits earlier. >> i cannot afford to fill up the tank. >> reporter: the nationwide average is $3.38 a gallon. a new lundberg survey says that's up 33 cents in two week. the second biggest price increase on record means spending more. >> up until this point, $50 about every two weeks. and now, it's gone up to $60 every two weeks, now, we're up to almost $75. >> reporter: the prices go with the middle east uprising. so far there are no shortages, just
ABC
Mar 7, 2011 6:00am EST
a gallon. ndn the president help ad should he? emily schmidt joins us. >> good morning. the calendar says march, but it may as well be memorial day when it comes to gas prices. they are rising so high, so quickly, it is cavate that is almost unparalleled in history. it has some senators asking the white house what it is going to do about it. the white house tipstaff yesterday's said the administration is considering tapping into the 727 million barrels u.s. strategic oil reserve. these are emergency reserves. it is real for a president to open up that option. the nationwide average is $3.51. that is up 33 cents in two weeks, the second-biggest price increase on record. prices spiked by along with the middle east uprisings. so far there are no shortages, does dealing with the worries that the protests could spread to even larger oil-producing nations like saudi arabia. consumers are faced with paying more and the meantime -- in the meantime. when it gets above $4 a gallon, the demand drops, according to analysts, so than the prices fall as well. many parts of the country are
ABC
Mar 7, 2011 6:00pm EST
marbury is not buying it. this 28-acre parcel has always been intended for educational use. and those impacted the most were not even given a voice. >> we ought to engage in conversation and come to this up front. not come to a conclusion in advance and tell residents what you're going to do. >> the biggest concern would be the traffic because there is so much traffic right now. >> county officials say they do plan to meet with residents, but not until the school board at hands over the plans. >> much of the east coast is cleaning up after another powerful snowstorm. parts of upstate new york got 30 inches of snow today. many areas are recording their highest snowfall on record. we were out of the scene of prince william county where you can see that van is stuck. the fire and rescue crews responded, but did not find anyone around. they believe it was just abandoned. it >> fortunately, lidge was isolated. wednesday night and thursday there may be more measurable rain. looking out live from our rooftop camera. the son said at -- the sunset add 7 of 6:00 p.m. a couple of rainfall
Search Results 0 to 11 of about 12